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Highlights of SBI’s Recurring Deposit Scheme
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Interest Rates of SBI for the Last 10 Years on Auto Loan, Education Loan, Home Loan, Securities Loan and Fixed Deposits
Interest Rates of State Bank of India for the last years on the following products/facilities are as under: Auto Loan Student Loan Loan Against Govt Securities Personal Loan Domestic Term…
SBI revises Rate of interest on Domestic Term Deposits of Rs.one crore & below w.e.f. 28-03-2012
SBI has decided to revise Rate of Interest on Domestic Term Deposits of ‘Rs. one Crore & below at all branches and the ’card’ rates w.e.f. 28.03.2012 will be as…
SBI Removed Charges for Non-Maintenance of Minimum Balance in SB accounts of Personal Segment Customers
As a major step forward towards Customer retention and acquisition, State Bank of India has decided to remove the stipulation of maintaining a minimum Average Quarterely Balance (AQB) for all Personal Segment Savings Bank…
Banks hiked Interest rates on NRE Term Deposits following deregulation of Interest Rates by RBI
Following the recent deregulation of interest rates on Non-Resident (External) Rupee (NRE) Term Deposits by Reserve Bank ofIndiaas announced on 16-12-2011, the following banks have hiked their interest rates on…
Deregulation of Interest rates on NRE Deposits and NRO accounts
After the deregulation of Savings Bank Deposit Interest Rates, the Reserve Bank of India (RBI), vide its notification dated 16-12-2011 and 19-12-2011, announced deregulation of Interest Rates on Non-Resident (External)…
RBI advises Banks to accept PPF deposit upto Rs 1 lakh a year, at 8.6% Rate of Interest
The RBI vide its notification dated 5th December, 2011 advised the banks to make note of undernoted amendments in Public Provident Fund (PPF) scheme, 1968 w.e.f. 01-12-2011. i) The annual…
SBI Launches Unfixed Deposit for short term liquidity
On one hand banks are increasing their Interest rates on Saving Bank Deposit accounts on account of deregulation of SB interest rates by RBI. On the other hand State Bank…